Olympics: Lord Coe: 'London 2012 on schedule'

Sebastian Coe insists a year down the line since winning the right to stage the 2012 Olympic Games, they are on schedule to deliver.

It was on July 6 in Singapore last year that the International Olympic Committee announced London would stage the XXX Olympiad.

Lord Coe, chairman of the London Organising Committee for the Games, feels that what has been achieved over the last 12 months has been “pretty remarkable”.

“We`ve all the structures in place and the people we want in place,” added Coe.

"At the moment we are okay. The Co-ordination Commission working with us from Lausanne to help deliver the project recently gave us a very good clean bill of health.

"So its been a good year, and theres been no complacency. But we will need every one of the 318 Mondays there are between now and the opening ceremony.

“Although theres a lot of work that has already taken place, its a 24-hour-a-day job.”

However, over the next few years there are certain to be inevitable comparisons with the disaster that has been the development of the new Wembley Stadium, with the project way over budget and unable to be delivered on time.

“Wembley is a very obvious analogy to draw, and Im not going to sit here and be coy and naive about it and say we havent looked clearly and firmly at that,” added Coe on BBC Radio 5 Live`s Sportsweek programme.

"I remember being an MP and between 92 and 97 we were discussing at that stage where the stadium should go.

"We then spent the next four years deciding whether it was going to be just for football or track and field compliant, while four or five ministers for sport came and went and the banks became queasy.

"So there were things we did in the bidding [for the Olympics]. We recognised it wasn`t going to be a seamless process, but at least we knew where the risks were.

"We got the planning in place and the land acquisition, and we had the funding in place. Those three things were important.

"We then found the right people because there`s a very strong correlation between getting things done and the quality of the people in the teams.

"What we have been determined to do, both the Olympic Delivery Authority and the Local Organising Committee, is to find the best and brightest wherever they are and bring them to the table.

“That is the only way you will guarantee this runs about as smoothly as it can.”

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